Navigating the Bitcoin Price Swings

Weekend trade pulled the Bitcoin price below support at $400. At the start of the European session today, an intraday low was printed across exchange charts - $364.79 at Bitstamp. The new low has made decline to $200 a possibility, but it's unlikely to be achieved in a single wave down. Bitcoin Price Swings. Readers who have found this Bitcoin price analysis article because they are looking for more information about Bitcoin's price volatility should look at the following articles: What Happening with the Bitcoin Price? What Affects the Bitcoin Price? What Determines the Value of Bitcoin?....

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Compared to other investments Bitcoin has been a bad performer of 2014, losing 52 percent against the US dollar, The Verge reports. But that's good news, because the less Bitcoin is seen as a speculative currency, the easier it will be for Bitcoin to gain momentum as a technology. "{i]f you're more interested in the disruptive innovation that the blockchain technology behind Bitcoin might enable, the price of each coin is actually immaterial. What matters most is that the currency stabilizes, avoiding massive changes in value that might scare off the merchants and consumers who have yet to....

Looking at charts showing the price of bitcoin over time is like looking at a child's crude attempt to draw the world's craziest roller-coaster. It has certainly been a wild ride for the brave few early adopters with the courage to hold a significant portion of their money in btc. Since its earliest days, predicting the price of bitcoin next week, let alone next month or year, has largely been a fool's game. Whilst 10% plus swings in a day would be exceptional events for any other currency or asset, it's virtually the norm in the cryptocurrency world, and much larger fluctuations have not....

Investors are still forging ahead with digital currencies such as Bitcoin and Ethereum despite the recent volatility. Many experts and professional investors still believe that there are unprecedented returns on offer.
Unknown territory.
Investors in traditional markets are not used to seeing swings of 50 percent in a month for an asset, such as what happened to Ethereum which dropped from nearly $400 to just over $200, as well as experiencing a flash crash.
There has also been a huge correction in Bitcoin price that has seen it fall from its high of $3,000. Despite this though,....

The LTC price experienced gains greater than 6.5% today. The price climbed from the low of $1.65 to reach above $1.75 as the 24hr chart reveals. Higher levels are to be reached if the bullish outbreak continues. As usual, the patterns noticeable in the LTC price charts are similar to the ones we see in the BTC/USD ones. As the BTC market 'welcomed the bulls' yesterday, LTC/USD jumped on the upward wagon as well. Buying pressure finally seems to be overwhelming the previous bearish mood of the market. Bullish overturn in LTC Price. As the latest movements indicate, the LTC price is....

Ethercoin is an asset backed by the Ethereum project's ethers, which Ethercoin developers purchased during the Ethereum presale. Assuming the developers fulfill their promise, ethercoin holders can redeem their coins at a 1:1 ratio for ethers once the Ethereum project official launches its blockchain. Since its launch, the ethercoin price has been incredibly volatile, bringing huge price swings almost every day. Nevertheless, the ethercoin price has been trending downwards. This price decline might tempt traders to invest on speculation, but investing in Ethercoin is a bad idea. Also Read:....

Quotes

Bitcoin is the cautious expression of a rebellious identity. Using Bitcoin is an effete act of rebellion, a week resistance like wearing a hoodie or getting a tattoo that's well covered by your work clothes.